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The Father-Son Struggle That Helped Ensure IBM’s Success
  + stars: | 2023-10-25 | by ( Tim Wu | ) www.nytimes.com   time to read: +2 min
His father, Watson Sr., the head of IBM, was a domineering man who subjected his son to a classic combination of emotional distance and cruelty. Watson Jr. responded by becoming a rebel and wastrel. Watson Sr., “the old man,” was a type familiar to our times: the tech titan who runs a large company as an extension of himself. The company “was run entirely out of one man’s breast pocket,” McElvenny and Wortman write. Watson Sr. “made all strategic decisions and most minor ones” and “delegated almost no authority.”
Persons: Tom Watson Jr, Ralph Watson McElvenny, Marc Wortman Thomas J, Watson Jr, Tommy, , Watson Sr, , ” Ralph Watson McElvenny, Marc Wortman, Dick Watson, Watson, Junior, McElvenny, , Ken Jennings Organizations: WHO, IBM, Wortman Locations: , France
PHILADELPHIA (AP) — Musicians of the Philadelphia Orchestra and the Philadelphia Orchestra Association have ratified a collective bargaining agreement calling for minimum salaries to increase by 15.8% over three years. The deal announced Saturday night with Local 77 of the American Federation of Musicians covers Sept. 11 this year through Sept. 13, 2026. The union said the deal requires management to increase the number of musicians hired each year and to ensure the contractual level of 105 musicians and two librarians is met. Each musician received a supplemental payment of $750 or $1,500 in each year of the contract, the union said. Musicians struck on Sept. 30, 2016, causing cancellation of that season’s opening night, then announced an agreement two days later.
Persons: ” Ralph W, Muller, Michael D, ” David Fay, Yannick Nézet Organizations: PHILADELPHIA, , Philadelphia Orchestra, American Federation of Musicians, Kimmel Center Inc, Locations: Saratoga
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